Frank...Looks like Bill Gates is Dumping also...<g>..Tim
Tuesday February 9, 11:25 pm Eastern Time
Gates's stake in Microsoft down by 1 percent
WASHINGTON, Feb 9 (Reuters) - Chief Executive Bill Gates's stake in Microsoft Corp (Nasdaq:MSFT - news) stood at 19.8
percent as of late January, off by 1 percent from the 20.8 percent he held in early September, the software giant said Tuesday.
His stake is worth about $82 billion, based on current valuations. Gates, who co-founded the Redmond, Wash. company with Paul Allen, beneficially owned
500,777,800 shares as of January 29, according to Microsoft's definitive proxy filed with the Securities and Exchange Commission.
That was slightly down from the 515,777,800 shares he beneficially held as of September 11, said the company's previous definitive proxy filed in late September.
Both figures were based on about 2.5 billion shares outstanding at the time. |
